Wednesday, May 18, 2011

2011-05-18: LNKD, LinkedIn

Remark
. Featured in IPO Home

IPO Date & Price
Symbol: LNKD, LinkedIn
IPO Date: 2011-05-18
Offer price/share: $45 x 7.8M = $351M

Underwriters
Joint Book Runner: Morgan Stanley, BofA Merrill Lynch, J.P. Morgan
Co Manager: Allen & Company, UBS Investment Bank

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 1,288
Founded: 2002

World's leading online professional network with more than 100 million members.

LinkedIn Corporation operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform also provides members with applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information. In addition, LinkedIn Corporation offers LinkedIn mobile applications across a range of platforms and languages, such as the Android, Blackberry, iPad, iPhone, and palm mobile devices; a public Website that allows developers to integrate its content and services into their applications; and a set of embeddable widgets to allow Web developers to include content from the company’s network into their Website or application. Further, it provides hiring solutions, including LinkedIn Corporate Solutions that enable enterprises and professional organizations to find, contact, and hire qualified candidates; LinkedIn Jobs, which allows enterprises and professional organizations to advertise job opportunities on the company’s network; and subscriptions that enable recruiters and hiring managers to find, contact, and manage potential candidates. Additionally, the company offers marketing solutions comprising LinkedIn Ads, a self-service platform that enable advertisers to build and target their advertisement to its members; LinkedIn Ads for Enterprise, which are marketing solutions to target larger advertisers that receive dedicated account management and additional marketing solutions; and premium subscriptions that are subscription packages designed for general professionals to manage their professional identity and connect with talent. LinkedIn Corporation was founded in 2002 and is headquartered in Mountain View, California.

Yahoo: http://finance.yahoo.com/q/pr?s=LNKD

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